The NPP was built using ISO20022. to enable more data to travel with a payment. We use this world class messaging schema to bring payments innovation to life through the Platform, the Fast Settlement Services and Business Services.
This short animation shows how a real-time payment moves through the NPP.
Visit our resource centre to view our whitepapers, inquiry submissions, webinars, guides and papers.Resource centre
Osko by BPAY is an overlay service developed for use on the NPP. Launched in February 2018, its first iteration enables real-time peer-to-peer payments via the user’s regular internet or mobile banking service. It also enables users to include up to 280 characters to describe their payments, including emojis!
To read more about Osko, visit www.osko.com.au